Question

on January 1,20X2 Mr Corporation purchased
RS1000,000 of 5%,10year bonds dated
January 1, 20X2 at 98,Interest is paid on
June 30 and December 31 of each year.
Assuming use of the Straight line amortization
Method I the proper amount to report for
Investment in Bonds of December 31 20x3 is:

Answer 1

Answer:

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